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European Stocks Muted as Trump Trade Comments Dampen Sentiment

Wednesday, 17 July 2019 14:30 WIB Stoxx 600 Saham Eropa

European stocks made a muted start to Wednesday’s session as comments from U.S. President Donald Trump reignited fears over trade. The pan-European Stoxx 600 traded just below the flatline at 388.85 after the opening bell, oil and gas stocks tumbling 1.2% while household goods were the strongest early performers with a 0.5% rise. Market focus is largely attuned to the U.S.-China trade spat. President Trump on Tuesday said that the U.S. and China still have a “long way to go” on trade, adding that Washington could slap tariffs on an additional $325 billion in Chinese goods “if we want.” Source : CNBC

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